The stock price per share was $8.60
Number of shares bought 1000
Total price for the shares:
(Cost per share)*(Number of shares)
=8.60*1000
=$8600
The stock price after 1 year $9.15
Total number of shares is 1000
Current price=(current share price)*(number of shares)
9.15*1000
=$9150
current value=(Current price)-(buying price)
=9150-8600
=$550
Net Profit=(Current value)-(Expenses)
=550-14
=$536
Step-by-step explanation:
With this kind of problem, we're looking at an equation in the form
y - y1 = m(x - x1)
(m = slope)
so we can substitute m, y1, and x1 with the values we're given.
y - y1 = m(x - x1)
y - 1/3 = 3/4(x - 4)
Answer:
y - 1/3 = 3/4(x - 4)
1 Liter = 1000 mL
so....
1.5 Liter = 1500 mL
